香港年度财政预算案：2025年经济增长3.5%、楼市回暖、股市日均成交额增加九成！预计2026年经济增长2.5%至3.5%

Economic Outlook - The Hong Kong economy is expected to grow by 3.5% in 2025, driven by strong external trade, recovery in private consumption, and accelerated fixed investment [1] - For 2026, economic growth is projected to be between 2.5% and 3.5%, with inflation slightly higher than in 2025, estimated at a basic inflation rate of 1.7% and overall inflation rate of 1.8% [2] Stock Market Performance - The Hang Seng Index rose by 28% in 2025, with average daily trading volume increasing by 90% to nearly HKD 250 billion, marking a historical high [2] - New stock listings raised over HKD 280 billion, more than doubling the amount from 2024, making Hong Kong the top global market for IPOs [2] Real Estate Market - Residential property transactions surged to nearly 63,000, the highest in four years, with prices increasing by 3.3% and rents by 4.3% [2] - The government plans to prepare land for approximately 98,000 private housing units and will not sell general commercial land in the coming year [8] Aerospace Industry Initiatives - The Hong Kong government is reviewing listing regulations to attract more aerospace companies to list in Hong Kong, aiming to connect the mainland aerospace industry with global markets [3] - The establishment of the Hong Kong Space Robotics and Energy Center under InnoHK is part of the initiative to support national space missions [3] Semiconductor and AI Development - The Hong Kong Microelectronics Research Institute will commence operations of a pilot line for third-generation semiconductor chip technology, promoting local chip R&D [4] - The "New Industrial Acceleration Program" has supported four projects with a total investment of approximately HKD 2.5 billion, with over 70% being private investment [6] Education and Workforce Development - Starting from the 2025/26 academic year, 27 new bachelor's degree programs related to STEAM fields, including AI, will be introduced in funded universities [7] - The government has allocated HKD 500 million to enhance AI application learning for students and the public [6] Real Estate Investment Trusts (REITs) - The budget emphasizes the development of the REITs market, with plans to include REITs in the mutual market access mechanism and to facilitate privatization or restructuring [8]